Latest news with #Saudi-SyrianInvestmentForum
Broadcast Pro
3 days ago
- Business
- Broadcast Pro
Salam and Syrian Ministry of Communications sign MoU
The agreement aims to develop Syrias digital infrastructure and expand access to high-quality telecommunications services. As part of the Saudi-Syrian Investment Forum held in Damascus under the patronage of Syrian President Ahmed al-Sharaa, Etihad Salam Telecom Company (Salam) has signed a Memorandum of Understanding (MoU) with Syrias Ministry of Communications and Technology. The agreement aims to accelerate the development of the country's digital infrastructure and expand access to high-quality telecommunications services. The MoU sets out a collaborative plan to explore the establishment of IP Points of Presence (IP Nodes PoPs) in both Damascus and Aleppo. These infrastructure nodes will allow Salam to deliver highly reliable local and international Tier-1 connectivity, supporting Syrias ambitions for digital transformation and broader technological advancement. Salams involvement in the forum reflects its commitment to enhancing regional knowledge-sharing and applying global best practices across the telecommunications and ICT sectors. Since its founding in 2005, the company has built a strong reputation for innovation and leadership in Saudi Arabia and the wider Middle East. Speaking at the forum, His Excellency Eng. Khalid bin Abdulaziz Al-Falih highlighted the collaborative efforts between Saudi Arabia and Syria in telecommunications and ICT. He also extended his gratitude to His Excellency Abdulsalam Haykal, Minister of Communications and Technology in Syria, for maintaining close dialogue with Saudi companies. He stated: 'Our joint efforts aim to strengthen cybersecurity capabilities and develop advanced systems in programming, artificial intelligence, data centres, and educational academies in Syria. The estimated value of these investment agreements is approximately SAR 4bn.' Abdullah AlRufaidi, Vice President of Wholesale and Carrier Relations at Salam, commented: 'Our participation in the forum reflects Salams commitment to advancing regional cooperation, innovation, and digital transformation. By drawing on our successful business model in Saudi Arabia, we aim to deliver scalable, reliable telecom services that empower Syrias digital infrastructure and economic growth.' This initiative aligns with the Kingdom's broader vision to promote regional digital integration, enhance infrastructure readiness and drive sustainable technological advancement through impactful partnerships. It reflects the leadership's commitment to fostering deeper cooperation with the Syrian Arab Republic, advancing strategic collaborations in technology and economics, and building a foundation for stronger bilateral ties based on innovation and shared development.
Leaders
3 days ago
- Politics
- Leaders
Syria to Hold First Parliamentary Elections in September Since Assad's Fall
Syria is set to hold parliamentary elections in September, marking the first elections under the new government after the fall of Bashar Assad, according to Reuters. The Chairman of the Higher Committee for People's Assembly Elections, Mohammed Taha Al-Ahmad, told state news agency SANA that elections will kick off between Sept. 15 and 20. Crucially, Syria's Interim President Ahmad Al-Sharaa will appoint one third of the 210 seats while the rest will be elected. Syria's Interim President Ahmad Al-Sharaa In March, Al-Sharaa signed a temporary constitution called for the establishment of a People's Committee to serve as an interim parliament until the Syria adopts a permanent constitution and holds general elections, a move that may take years. The announcement of impeding elections comes at a crucial time as Syria witnessed sectarian violence in the southern province of Sweida earlier this month. On Friday, Syria's Foreign Minister held frank and productive talks with the United States and France in Paris, according to Arab News. Syrian Foreign Minister Asaad Al-Shibani met with French Foreign Minister Jean Noel Barrot and US Special Envoy for Syria Thomas Barrack to discuss Syria's political transition. During the meeting, they underscored the significance of engaging quickly to ensure the success of Syria's political transition after the fall of President Bashar Assad. In a joint statement, they also agreed on the necessity of ensuring that Syria's neighbors do not pose a threat and that Syria does not pose a threat to its neighbors. Related Topics: Syria, US and France Hold Frank, Productive Talks in Paris High-level Saudi Delegation Eyes Investment Opportunities in Syria Saudi-Syrian Investment Forum: $6.4bn Worth of Deals Signed to Support Reconstruction Short link : Post Views: 78
Leaders
3 days ago
- Business
- Leaders
Saudi Arabia, Syria Boost Energy Cooperation
Saudi Arabia and Syria have fostered their cooperation in the energy sector by signing a new memorandum of understanding (MoU) in Riyadh, according to the Saudi Press Agency (SPA). On Sunday, the Saudi Energy Minister, Prince Abdulaziz bin Salman, met with his Syrian counterpart, Mohammad Al-Bashir, in Riyadh. During their meeting, the two ministers explored avenues for bilateral cooperation in various energy fields. They also discussed ways to bolster their ties in petroleum supply, electricity, renewable energy, energy efficiency, and investment opportunities. Furthermore, both ministers discussed how to leverage the Kingdom's expertise in developing projects, policies and regulations in the energy sector to support Syria's development efforts. Following the meeting, the Saudi and Syrian Energy Ministers signed an MoU in the energy sector aimed at promoting cooperation in the fields of petroleum oil, gas, petrochemicals, electricity, power interconnection, and renewable energy. The meeting came on the heels of the Saudi-Syrian Investment Forum, which took place in Damascus on July 24, 2025, with the participation of more than 20 government entities and over 100 leading private companies from Saudi Arabia. Saudi-Syrian Investment Forum: A New Era of Economic Cooperation#Syria #سوريا #سوريا_السعودية_أخوة — Leaders MENA (@leadersmena) July 24, 2025 The forum generated deals worth of SAR 24 billion ($6.4bn) to support Syria's economic recovery and reconstruction. The deals covered the fields of energy, infrastructure, real estate, industry, ICT, finance and banking, health, and agriculture. Moreover, it announced the formation of the Saudi-Syrian Business Council to boost economic cooperation and promote Saudi investments in the promising Syrian market. Short link : Post Views: 33
Leaders
4 days ago
- Politics
- Leaders
Syria, US and France Hold Frank, Productive Talks in Paris
After reaching a ceasefire in Syria's southern province of Sweida, Syria's Foreign Minister held frank and productive talks with the United States and France on Friday in Paris, according to Arab News. Syrian Foreign Minister Asaad Al-Shibani met with French Foreign Minister Jean Noel Barrot and US Special Envoy for Syria Thomas Barrack to discuss Syria's political transition. During the meeting, they underscored the significance of engaging quickly to ensure the success of Syria's political transition after the fall of President Bashar Assad. In a joint statement, they also agreed on the necessity of ensuring that Syria's neighbors do not pose a threat and that Syria does not pose a threat to its neighbors. Paris has long been the diplomatic heart of vital discussions like those we shared today. A stable, secure, and unified Syria is built on the foundation stone of great neighbors and allies. In the words of @SecRubio, conflicts end thanks to 'hard, vibrant diplomacy that the U.S.… — Ambassador Tom Barrack (@USAMBTurkiye) July 25, 2025 They also stressed their support to efforts aiming at holding those responsible for violence accountable. Moreover, the officials stressed their commitment to cooperating on the 'shared fight against terrorism in all forms' and boosting the capacity of the Syrian government to address security challenges. Related Topics: Israel's Actions in Syria, Gaza Surprised Trump amid Growing Frustration with Netanyahu Syria Deploys New Force to Quell Deadly Clashes in South Israel 'Interested' in Ties with Syria, Lebanon with No Discussion on Golan Saudi-Syrian Investment Forum: $6.4bn Worth of Deals Signed to Support Reconstruction Short link : Post Views: 9 Related Stories
Zawya
6 days ago
- Business
- Zawya
Salam signs agreement with Syria's Ministry of Communications and Technology to expand digital infrastructure and foster regional integration
Riyadh, Saudi Arabia: As part of the Saudi-Syrian Investment Forum held in Damascus under the patronage of Syrian President Ahmed al-Sharaa, Etihad Salam Telecom Company ('Salam') signed a Memorandum of Understanding (MoU) with the Ministry of Communications and Technology in the Syrian Arab Republic. The agreement aims to develop Syria's digital infrastructure and expand access to high-quality telecommunications services. The MoU outlines plans to explore establishing IP Points of Presence (IP Nodes PoPs) in Damascus and Aleppo, enabling Salam to provide high-reliability local and international Tier-1 connectivity. This will support the broader goals of digital transformation and technological development in Syria. Salam's participation in the forum underscores its commitment to enhancing regional digital and knowledge integration and applying global best practices in telecommunications and ICT. Since 2005, the company has leveraged its experience and achievements to solidify its leadership in Saudi Arabia and across the Middle East. During his speech at the forum, His Excellency Eng. Khalid bin Abdulaziz Al-Falih highlighted the collaborative efforts between Saudi Arabia and Syria in telecommunications and ICT. He also extended his gratitude to His Excellency Abdulsalam Haykal, Minister of Communications and Technology in Syria, for maintaining close dialogue with Saudi companies. He stated: 'Our joint efforts aim to strengthen cybersecurity capabilities and develop advanced systems in programming, artificial intelligence, data centres, and educational academies in Syria. The estimated value of these investment agreements is approximately SAR 4 billion.' Commenting on the occasion, Abdullah AlRufaidi, Vice President of Wholesale and Carrier Relations at Salam, said: 'Our participation in the forum reflects Salam's commitment to advancing regional cooperation, innovation, and digital transformation. By drawing on our successful business model in Saudi Arabia, we aim to deliver scalable, reliable telecom services that empower Syria's digital infrastructure and economic growth.' This initiative aligns with the Kingdom's broader vision to promote regional digital integration, enhance infrastructure readiness, and drive sustainable technological advancement through impactful partnerships. It reflects the leadership's commitment to fostering deeper cooperation with the Syrian Arab Republic, advancing strategic collaborations in technology and economics, and building a foundation for stronger bilateral ties based on innovation and shared development. About Etihad Salam Telecom Company Etihad Salam Telecom Company is one of the leading national companies in Saudi Arabia's telecommunications and information technology sector. Recognized as the Kingdom's fastest-growing and most innovative telecom brand, Salam has operated one of the region's most established telecom networks since 2005. The company provides cutting-edge ICT solutions for businesses, government entities, and carriers locally and internationally, along with fixed and mobile services supporting Saudi Arabia's digital transformation. As a key enabler of Saudi Vision 2030, Salam offers advanced telecommunications, cloud computing, data centers, and digital infrastructure. Its subsidiaries, Salam Mobile Telecom Company and Technical Links Services (TLS) ensure the delivery of innovative solutions and seamless connectivity across the Kingdom.
